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again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of article
" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin requirements. and then there's the fiscal cliff. analysts citing fears about a hike in capital gains tax in 2013. rick santelli has been talking about this, though, the things that were up in 2012, those are the things being sold now, whether that be gold or any number of assets that rose appreciably over
'm becky quick along with joe kernen and steve liesman. the november jobs report is now just about 150 minutes away. count do countdown is on. the economy probably added about 80,000 jobs last month. reuters consensus is a little higher at 93,000. the unemployment rate expected to hold steady at 7.9% and economists say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei
>>> good morning. welcome to "squawk box." i'm becky quick with joe kernen. andrew is off this week. we have two guest hosts with us. welcome to both of you you. we have a lot of things to talk about. the white house says that a republican counteroffer does not meet the test of balance. the latest republican offer would overhaul the tax code and raise $800 billion in new revenue, it would also seek $600 billion in health savings and $200 billion for revising the cost of living increases for social security. the net savings would add up to $2.2 trillion over ten years. now, again, this is the republican counterproposal to the plan that the white house has already put out. speaker john boehner has said that this is something that is much closer to the bowles-simpson proposal. erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that it's now up to negotiators to figure out where the middle ground is today. >> bowles said that the mid point that i used back in -- this is where we were last year. so used the m
. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >>
deficit in the next year. >> becky carroll told us cbs has an obligation to parents and families to expand access to as many high quality options as possible. >> coming up next, a deadly crash over night. white the man who survived is behind bars. >> a pair of shuttle police officers, it makes the holidays a memorable for two young children. this season, give craftsman tools from sears. like the new bolt on system with 9 performance, interchangeable heads... ... and make more, for less. craftsman. guys' favorites guaranteed. find it at sears. [ male announcer ] most people tend to think more about how they brush than what they brush with. until i show them this. the oral-b pro-health clinical brush. its pro-flex sides adjust to teeth and gums for a better clean. the pro-health clinical brush from oral-b. unwrap your paradise. soft, sweet coconut covered in rich, creamy chocolate. almond joy and mounds. unwrap paradise. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartb
>>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is off this week, he's on vacation. our guest, greg. >> great to be here. >> you're very pleased that you're with us here for an hour because we do have a lot to talk about. >> has a lot of experience. >> yes, he does. >> we've got a lot of stories that we'll be talking through this morning, but let's start with that big story that joe was just talking about. president obama speaking to the business round table today, attending to the group's quarterly meeting of ceos. jim mcnerny says including meaningful and comprehensive tax and entitlement reforms. this is the number one story that we've been talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, repu
wrap. >> you're good at buying. >> we know the real deal. >>> any way, becky worley will be here to tell us the secret places you find great deals, even tomorrow, if you're the ultimate procrastinator. >>> and a brand new take on a christmas classic. you may have heard it a thousand times before, you never heard it like this. our star-studded version of "'twas the night before christmas." >> some of the biggest names helping us out. >>> i will tell you, one of my favorite gifts of the year, being there when sam and rubem got married on friday night. just a beautiful moment. there's a shot. beautiful, intimate, heart-felt. and robin roberts looked so good. >> stunning in red. >> and she delivered one of the most special moments. >> she read a beautiful poem. it was wonderful. thank you. >> congratulations, sam and rubem. >> i just got you a little something. >> a last-minute wedding gift, a potato. >>> let's go to paula with a look at -- >> where do we go from there? >>> violence on this christmas eve from upstate new york. several people have been shot at the scene of a fire, ear
morning with all of you. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we are one step closer to the cliff and still no deal. you could say we've taken a huge step backwards at this point. we will be joined to talk about why plan b, that bill didn't make it to the house and what the next step is. coming at 6:40 eastern time, red hat has been red hot. that company reporting quarterly results and we have the ceo. at 7:00 a.m. eastern time, we will welcome our guest host, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it wi
morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yesterday. s&p futures at this point are up by better than seven points and the nasdaq futures up, as well, by about 17. european shares rising. germany is up, the ftse is up, the france, the cac in france h
in the household, payouts to dividends, acceleration into this year. >> becky and jim, who have been doing amazing work on capitol hill, did talk to grover norquist, a bit of a rematch after cramer's appearance a couple of weeks ago with grover norquist. >> obama personally moved it out two years, because he didn't want to raise taxes and damage the economy, because he said the economy was weak. the economy's not strong now. so the argument to raise taxes now is not any better than it was two years ago. i think there's a real danger we could end up with some damaging tax increases, and nothing to show for it. >> jim, quick reaction to that exchange between you and grover? >> there was a lot of positives here. grover wants to put cameras in the room. when i cover the florida legislature, how many years ago was that, they put cameras in the room. you know what happened, a lot of people started making a lot of sense. so i think that grover makes some good points, because you wouldn't get this kind of rancor. >> jim, good to have you down there. we need you down there today. we want to draw your atten
and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second bigge
on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. andrew, welcome back. i hope you're feeling better. >> thank you. i had a little bit of a stomach bug. >> we're all a little sick around the table here. >> i know. it's a little -- i feel like weak, you know when your bones feel a little something? you had that, joe, two weeks ago, right? >> exactly what you had. you didn't -- you remember -- i remember bridesmaids, right? i'm not sure what all that came out of. i had both going. you didn't have both going? you are the just -- you were hurling. >> i was, i was. in the middle of the night. i had to send an e-mail to the producers. >> it's very weird. it's not even a 24-hour thing. >> no, i will say it was going by when the show was still going on. >> we have a pro gun advocate on. >> you didn't throw up when -- okay. >> by the way, a viewer has offered to take me shooting in new jersey at a shooting club. >> i saw a lot of stuff. >> i'm taking him up on it. but we have news to get him up to. >> some people hold that second amendment thing, they actually think it means
for their school. toaster strudel. the one kids want to eat. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ >>> let the count down begin 2013 is less than 24 hours away now and preparation in new york city is in full swing. yesterday workers tested the iconic crystal ball that will drop at midnight. the ball has more than 32,000 lights and nearly 33,000 crystals. thousands of people are expected to flock to the big apple for this big day. the nypd will have beefed up police presence. >>> now, we asked our facebook fans what their hopes are for 2013 and here are some of the responses. bruce says lots of health to enjoy my years for years and years. nothing like being able to open your eyes and see them. that's a good one. >> jesse writes i hope i can continue to stay dedicated to growing as a person to make my corner of the world a little better through my efforts. share your goals on our facebook page. search fox 5 morning news. >> there you go. let's check in with tucker barns now. and bef
giant has said about the fiscal cliff in an exclusive interview telling becky quick that the impact of the fiscal cliff is already being felt in business planning for next year and 2014. >> even leading up to that, people becoming more conservative. that's had an impact on what the growth will be in '13 all things being equal and we're in danger if this strings out into '13 that you could have problems of what '14 would look like. >> by 2013 if negotiations get strung out, it will impact decision making and whether or not to build a plant or hire people or expand a division or not. >> which we have heard time and again from many of the leaders and many corporations whether they be financial or otherwise. it comes back to this world. certainty. lack of it. and we don't have a lot of certainty at this point. they still have to do business. not as though they won't come in on january 1st and go to work. they are. >> i was thinking, david, could there possibly be any m&a between now and year end? no. >> maybe a little. >> there will be some. you're less likely to make the big move. less
" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is out today. our guest host this hour, rebecca patterson and peter. check out today's lineup. it is a biggie. we have an exclusive interview with dallas fed pet jrichard fibber. and the interview of the morning you do not want to miss. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want
that they had him in a robe. according to the charges he wasn't. >> he's full of life, becky. in a european way, he's full of manliness and life. >> a freak. >> he's a sexual freak. but don't you think it would be better as a musical? >> yes. that point i agree with. >> seriously. this should be -- then i might go. >>> let's check the markets this morning. as we've been talking about, the futures have been indicated higher. right now you see that those dow futures are up by 33 points. this comes after two big days of gains. there's a lot of talk that they are moving closer to some sort of an agreement over the fiscal cliff. now you also have this plan b that boehner has come up with. this is going to be something where in his idea they would raise -- they would keep tax rates low, keep the same tax rates on anybody who's making a million dollars or less. >> the rest -- >> the plan in the senate is for $250,000 and below. the president has talked about $400,000 and below. but this plan b is interesting because it does keep the sequestration cuts in place. >> we've got to deal with -- >> the $1.2
on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is off today. our best host this hour, alexander ladenthal. we have a lot to cover with her this morning. here we are, christmas eve. it's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republ
with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cu
on cnbc. i've been here 100 years. becky is off, andrew association inwill report -- andrew sorkin will report coming up. a heck of -- >> no 13th month. did someone not think that through or something? >> you're right. we'll never see it again is what you're saying. maybe 1,000 years? >> i need to think about it. i need to think about it. i need to think about it. depends on who wrote it. if it was contino it's probably wrong. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on
and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate increases have different objectives. the asset purchases are about creating near term momentum in the economy, trying to strengthen growth and job creation in the near term. and the increases in the federal
and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. but geithner warns it is harder to predict how long the delay will last because of all of t
to "squawk on the street" on cnbc, i'm here with joe kernen, becky quick is enjoying time off today. our guest host, contributor dan greenhouse, a chief global strategist with btig. he's going to be with us throughout the program. and merry christmas. and -- >> same you to, as well, sir. and other holiday greetings. >> we don't pay you a lot for cnbc contributor, do we -- did we order you to be here? >> i'm contracturally obligated to not specify anything. >> not specify anything? here at 5:30 and all the way to 9:00. >> i knew that there would be trouble this morning. i got myself seated -- >> good. we'll squeeze you for everything you're worth. we needed a big name. >> big name. we got one. >> it day after -- for december 26. >> you're too kind. >> then here you are. >> here he is. >> what did you get? anything good? >> i have -- >> switch, lump of coal? >> he's a hanukkah guy. >> a lump of coal -- yes, but a lump of coal at some point probably worth something. tet rate we're going. >> that's right. you're -- no tree? >> i want a tree, my wife says they're too messy. >> the trees are m
rundown. joining me now becky quick. so you guys are calm, right? remain calm, all is well. >> reporter: yeah, all is well. things are going well. actually it's good news that you have two different plans on the table. that means you can make progress even if it seems like those two plans are worlds apart. hey, they have a blueprint for how they can get to a compromise, get to middle ground. one thing we've been watching, how firms are acting differently ahead of the fiscal cliff. you have a lot of companies, over 110 now, that have talked about how they're going to be doing special dividends or increased dividends in the fourth quarter just in the last few weeks or a year because they want to make sure they bring the dividends from next year into this year. if we do go over the fiscal cliff, dividends will be taxed at more than 44% versus the 15% they're taxed at now. so companies are trying to find a way for shareholders to get in a little bit early no matter what happens with the fiscal cliff. >> all right. you know what, you can take the two plans, are split them down the middle. yo
, libya. >> come on, man. >> becky-stan. >> do you think reverend wright is off limits in this campaign? >> it's called romnesia. >> worst republican to put up against barack obama. >> i'm not concerned about the very poor. >> oops. >> i can't be perfect. >> we don't need a ma'amby pamby leader. >> pumping a little iron. >> i got bit by a penguin. >> those small animals can be fer row shis. >> the naacp invites me, i'll go to their convention. >> i prepared a small chart here. >> arithmetic. >> it would take me too long to go through the math. >> stupid people are ruining america. "america". >> what a snob. >> sauce for the goose is sauce for the gander. >> sometimes the best is not the greatest, but it's the best. >> okay. >> i'm not going to shut up. it's my turn. >> start packing. >> what would you like to say to mr. romney? >> good luck tonight. really. >> it was not a spontaneous demonstration? >> please proceed. can you say that a little louder, candy? >> he did call it an act of terror. >> it's our turn now. >> president obama has been re-elected for a second term. >> i just call
exclusively with our becky quick on the impact of the fiscal cliff, repercussion does go well into 2014 inside now from one of the best known negotiation experts around, harvard business school professor deepak ma hallow and author of "i moved your cheese" and genius, pleasure to have you here. >> pleasure to be here. >> i you noticed from the notes, you said we begin a negotiation and taking this out of the political context and talk about large-scale negotiations, per say you have to think two steps ahead. why? wh what does that give you? >> if you don't play out the negotiations and see what's going to happen week or month later in the event there is no deal, you're not going to pick the right strategy up front r the current negotiations, for example, both sides thinking about what changes after december 3 11st. if you can look ahead and see things are worse for you in january than now, may want to try earlier to get a deal before it is too late. >> one thing we have noticed a lot of this seems to be playing out in the president coming to the mic, the speaker coming to the mic is that postu
. becky anderson is live in london. wow, becky. this is unbelievable. i've never heard of anything like this. how is this guy supposed to survive? how does he do this? >> well, i think that's what they're going to learn, whether they can survive. for six months in the dark, suzanne. let's remember that it's winter between march and september in antarctica, so it will be dark for most of the time, and as you say, the temperatures will be below 90 degrees centigrade, or 130 degrees fahrenheit. that is something else. as with all these expeditions worth their salt, they'll be carrying out some scientific experiments. they'll also be raising some $15 million for seeing is believing, which is a global charity to prevent blindness. there's lots of good reasons why they're doing this, but if you are arguably the greatest living british explorer, there is more to it than that. there are two words that i think come to mind when you talk to explorers. that's ego, and this great sense of competition. have a listen to what he said about that. >> people that wanted these records as much as we do are
choosy moms and dads choose jif. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ ♪ yer always after me lucky charms! whoa. i forgot how good these taste! [ lucky ] ♪ they're magically delicious not just the ones you can find on a map. but the ones you can find in your heart. because inspiration doesn't favor those who sit still. it dances with the daring and rewards the courageous with ideas. ideas that inspire. ideas that take you places you never imagined. ideas big enough to make the heart skip a beat and, in some cases, maybe two. toyota. let's go places. at the year in music. editorial director of billboard magazine is here with a preview of its year in music edition. you're killing that sweater right now. handsome sweater. >> thank you so much. i had a little wardrobe mishap this morning. >> i hadn't heard. >> you guys covered it all for me. but thanks for bringing it right to the sweater. >> drum roll, please. >> it's adele. she has been artist year now two years in a row
, people. can we get to the piece? becky worley. >> reporter: getting lost in a good movie is one of life's great pleasures. there's some secrets about this place that you should really know. first, your tickets. if you want to save money, buy them at a savings club like sam's or costco or aaa. it can save you 25% or more. matinees are always cheaper. and find a late-run theater. if there's a long line at the box office, bust out your smartphone. apps from the movie chain or fandango let you buy tickets on your phone. the next is not really a secret. but let's put it into numbers. when they put a movie starts at 7:00, that usually means 7:10 or later. those ads they show, they're a huge profit source for theaters. and the concession stand holds some major secrets. first, the theater makes 40% or more of revenue off the food and drinks it sells. they're using all the tricks they can to get you to buy. the smell of popcorn. that smell is from coconut oil used in the popper and a flavoring concoction. what's the best seat in the house? audio technicians check the sound about two-thirds of th
coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance it will not happen. it's not exactly confidence building. >> not necessarily confidence building. always interesting to me how people can put percentage chances on anything like this. seeing how difficult it is and how the story changes to a certain steextent each day. who knows what's going to happen. >> public care, confidence numbers, spending, any relationship to the fiscal cliff at five. >> i don't know. i just don't know. i think anecdotally, from what i have been able to observe, no. but i can't speak for that. the journal today has the lead stories of consumer spending starting so slow. and in part, they cite the fiscal cliff. i think if you were out there, you would get answers that would not necessarily de
an arc angel. >> i never saw it. >> stephanie: it is good. becky in indianapolis. hi, beck. >> caller: hey, second time i have gotten through. >> stephanie: the arc angel let you through. >> caller: i thank the arc angel. the caller earlier was talking about it was no big deal to get a 15 to $17 an hour job, i would love one of those. i was making $14 an hour, which was really good money back then. the next job i got was $11 an hour. now the new job i have got, i get $12 an hour and i work third shift. the company's president got a 5% raise. and i'm scheduled to get a half of a percent raise. >> stephanie: yeah. it depends on where you live. when we talk about a certain cost of living it is just different in a lot of place, but i hear ya. [♪ "world news tonight" theme ♪] >> stephanie: so we have been calling about the fiscal cliff claifen. the president yesterday. >> obama: i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits, and that has some compromise between democrats and republicans. i understand t
thank you to everybody for a wonderful year. i know some people will be away next week, including becky. but we'll be together this is the best. you'll love this stuff, if you remember last year. you give bottles of this away and you make friends, i promise you. >> barry, your thought on what we do here for the market? >> first of all, broadly, i think the market has had -- and will continue to have a really difficult time assessing public policy risks. my first 24 years in the business, the only focus that you have was on the fed. and so we're just in the wrong spot. >> happy holidays to everybody. squawk is like a cocktail party in the morning. so thank you, guys. appreciate it. >> happy holidays, everybody. time for "squawk on the street." >>> good friday morning. welcome to "squawk on the street." i'm melissa lee, along with carl cramer and david faber. this could be a very big day in the markets. the day after the attempt to pass plan b in the house has failed. we saw the futures down as much as 200 points. right now we're down 162 on the dow. the s&p looking to lose about 19 at th
to the "voices of meningitis." it was a tuesday. becky said she didn't feel well. on wednesday, we said our final good-byes. i was there when my son took his first breath. and i was there when he took his last. not everyone who gets meningitis...dies. i wasn't sure she'd make it. the infection spread so fast. we learned about the vaccine after he got sick. we are the "voices of meningitis." (overlapping voices) join school nurses and families nationwide by adding your voice. meningococcal meningitis may be rare, but it's often devastating... ...you can help prevent it. get vaccinated. health officials recommend vaccination for preteens and teens. talk to your child's school nurse or health-care provider, and visit voicesofmeningitis.org to learn more.
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